Stablecoin, Wallet Products Launch; German Bank Launches Crypto Services -
Circle, a global fintech firm and issuer of the USDC stablecoin, has announced new smart contract functionality to allow holders of BUIDL, a...more
4/22/2024
/ Australia ,
Bitcoin Mining ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Criminal Convictions ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Digital Wallets ,
Enforcement Actions ,
Financial Instruments ,
FinTech ,
Germany ,
Hackers ,
Indictments ,
Investors ,
Phishing Scams ,
Proposed Legislation ,
Scams ,
Stablecoins
Swiss Banks Launch Tokenization Pilot, Crypto Custody and Trading Services -
A recent press release announced a pilot by “SIX, the Swiss National Bank (SNB) and six commercial banks” that seeks “to test, in a live...more
11/6/2023
/ Banking Sector ,
Central Bank Digital Currency (CBDCs) ,
Cryptoassets ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
Financial Conduct Authority (FCA) ,
Fraud ,
GAO ,
Hong Kong ,
New Guidance ,
Popular ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Switzerland ,
UK
Financial Firm Completes CBDC Pilot; Exchanges Launch P2P Trading Platform -
A major U.S. financial services firm recently published a press release announcing that it has “successfully demonstrated capabilities of a new...more
10/23/2023
/ Banking Regulators ,
Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Governor Newsom ,
Hamas ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management
Crypto Firms Continue to Launch New Initiatives Across Markets -
In a recent press release, digital asset infrastructure firm Fireblocks announced its acquisition of BlockFold, “a smart contract development and...more
10/9/2023
/ Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
IMF ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Stablecoins ,
Virtual Currency
District Court Upholds Tornado Cash Sanctions, DOJ Charges Founders -
On August 17, a Texas federal court found that Tornado Cash, a crypto mixer (which obscures the source of crypto transactions) is an entity that can be...more
8/28/2023
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Conspiracies ,
Criminal Conspiracy ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Department of Justice (DOJ) ,
E-Commerce ,
Enforcement Actions ,
ETFs ,
Hackers ,
Indictments ,
IRS ,
Monetary Authority of Singapore ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Proposed Regulation ,
Singapore ,
Stablecoins ,
U.S. Treasury
New Crypto Products Launch in Exchanges, Wallets, and Custody -
A recent press release announced the launch of EDX Markets, a “first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of...more
6/26/2023
/ Bitcoin ,
Blockchain ,
Cease and Desist Orders ,
Central Bank Digital Currency (CBDCs) ,
Corporate Governance ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Digital Platforms ,
Enforcement ,
Enforcement Actions ,
Financial Services Industry ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular
CBDC Initiatives Advance in Colombia and Hong Kong -
According to a recent press release, a major U.S. fintech company and “leader in enterprise blockchain and crypto solutions” has announced a collaboration with Colombia’s...more
6/20/2023
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Colombia ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Currency ,
Digital Wallets ,
Hackers ,
Hong Kong ,
Popular
Montenegro Announces CBDC Pilot, BIS Compares CBDCs to Stablecoins -
According to a recent press release, “The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions...more
4/17/2023
/ AML/CFT ,
Banks ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Ethereum ,
EU ,
Financial Services Industry ,
Hackers ,
Popular ,
Risk Assessment ,
Stablecoins ,
Tax Liability ,
U.S. Treasury
Staking Market Launches, ‘Defi Cover’ Data Published, DAO Buys Golf Course
According to a recent press release, MetaMask Institutional, “the web3 wallet for organizations,” has launched its “institutional staking...more
3/27/2023
/ Biden Administration ,
Blockchain ,
Celebrities ,
Central Bank Digital Currency (CBDCs) ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Fraud ,
Hackers ,
IRS ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Russia ,
Securities and Exchange Commission (SEC) ,
Wells Notice
Reserve Bank of Australia and BIS Commence Efforts to Advance CBDCs -
In a recent announcement, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) released details on an ongoing...more
3/13/2023
/ Bitcoin ,
Bureau of Industry and Security (BIS) ,
Central Bank Digital Currency (CBDCs) ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
FinTech ,
PCAOB ,
Risk Assessment ,
Securities and Exchange Commission (SEC)
Payments Firms Launch Crypto Products, New DeFi Price Indices Announced -
A U.S. fintech company recently announced the launch of a fiat-to-crypto on-ramp, which facilitates fiat-to-crypto payments using “a customizable...more
12/12/2022
/ AML/CFT ,
Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Compliance ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Enforcement Priorities ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Royalties ,
Token Sales ,
Trading Platforms
Crypto Products Launch in Debit Cards, Payment Gateways, Trading Platforms -
This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to...more
10/31/2022
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
FinTech ,
Malware ,
Metaverse ,
Non-Fungible Tokens (NFTs) ,
Payment Systems ,
Regulatory Authority ,
State Securities Regulators ,
Supply Chain
New Cryptocurrency Payments Systems, Tokens and Trade Associations Launch -
A leading global cryptocurrency platform has reportedly announced a partnership with a global e-commerce platform that would allow e-commerce...more
6/6/2022
/ Bitcoin ,
Blockchain ,
Bureau of Industry and Security (BIS) ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
European Central Bank ,
Financial Stability Board ,
FinTech ,
Fraud ,
G7 ,
Insider Trading ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Risk Mitigation ,
U.S. Treasury ,
Virtual Currency
A well-known digital currency investment services company announced the launch of its first European exchange-traded fund (ETF), according to a press release this week. The ETF, which will be traded on multiple foreign...more
5/23/2022
/ Bitcoin ,
Bitcoin Mining ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Economic Sanctions ,
Evasion ,
Exchange-Traded Products ,
FinCEN ,
Investment Funds ,
Office of Foreign Assets Control (OFAC) ,
Partnerships ,
Popular ,
Risk Assessment ,
Scams ,
Securities and Exchange Commission (SEC) ,
U.S. Commerce Department
This week Anchorage Digital, a digital asset platform and infrastructure provider that is also the first federally chartered cryptocurrency bank, announced that it has added custody support for 11 new digital assets....more
4/25/2022
/ Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Cybersecurity Information Sharing Act (CISA) ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Economic Sanctions ,
Hackers ,
Office of Foreign Assets Control (OFAC) ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Virtual Currency
Crypto Payments Consortium Sells Assets; Other Crypto Firms Make Moves -
A well-known digital payments consortium announced this week that it will sell its blockchain-based technology to a large cryptocurrency-focused U.S....more
1/31/2022
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Criminal Prosecution ,
Cryptocurrency ,
Department of Justice (DOJ) ,
FinTech ,
GAAP ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Securities and Exchange Commission (SEC)
Financial Messaging Network Launches Experiments in Stablecoin Sector - A global messaging network used by financial institutions to send and receive financial information recently announced that it is exploring the tokenized...more
Traditional Financial Firms Integrate Crypto Services, CBDC Reports Published - This week a fintech and e-commerce firm announced the integration of its payment gateway with a major U.S. financial services corporation’s new...more
Crypto Products Launch in Payments, ETFs, DeFi; Bitcoin Mining Data Published - This week, a digital asset marketplace announced a partnership with a major multinational technology company specializing in Internet and...more
CBDCs Explored by the U.K., New Zealand and Major Payments Network - This week, the Bank of England and Her Majesty’s Treasury announced the members appointed to its central bank digital currency (CBDC) Engagement and...more
US Stablecoin Issuers Publish New Details on US Dollar Reserves - This week, Circle, the issuer of USDC – a cryptocurrency “stablecoin” with each unit backed 1:1 by U.S. dollars – published its latest reserve attestation...more
Reports Address CBDCs and Security Tokens, Banks Launch Crypto Initiatives - A recent report released by the Bank for International Settlements (BIS) analyzes results from a survey of 50 central banks in the first quarter of...more
6/21/2021
/ Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Financial Markets ,
Fraud ,
Initial Coin Offering (ICOs) ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
CBDC Paper Released, NY DFS Grants License, Study Cites Crypto Adoption - The Digital Dollar Project, a partnership created by the Digital Dollar Foundation, released a white paper this week highlighting use cases for a U.S....more